International Gold Trading Market Overview
Gold has always been one of the precious metals that have been favored by investors, and their trading activities in the international market are also very active.The international gold trading market consists of various major participants, including central banks, commercial banks, fund managers, retail investors, etc.These participants conducted gold trading and investment in different ways to promote the fluctuations and development of global gold prices.
Central bank
As a national monetary policy formulation agency, the Central Bank plays an important role in the international gold trading market.Many central banks hold a large number of gold reserves as one of the foreign exchange reserves, and regularly conduct trading operations to maintain the stable exchange rate of the local currency or adjust the foreign exchange reserves structure.In addition, some central banks will also affect the global market supply and demand relationship by purchasing or selling large gold.
commercial Bank
In addition to the central bank, commercial banks are also one of the important participants in the international gold trading market.Many commercial banks provide various forms of precious metal services, including spot transactions, futures contracts, and huge orders for implementation.They obtain profits by self -employed or aged customers, and they are responsible for risk management.
Fund manager
As investment demand continues to increase, more and more fund managers have begun to incorporate gold into their investment portfolio.These funds may be a direct investment of commodity base warehouses specializing in the commodity base warehouses invested by Metal, or it may be that it has been in the indirect ways such as black disk holdings.They choose an appropriate proportion based on their own risk preferences and expected returns.
